The seven-day moving average of the number of Bitcoins entering exchanges is a clear indicator of Bitcoin reserves on exchanges. What this indicated, however, is that Bitcoins have left exchanges at a pretty quick pace since October 2020. This “scarcity” was the driver of Bitcoin’s bullish narrative, with the same pushing BTC up the charts […]
Binance Smart Chain’s Pancakeswap Is Now One of the Top DEXs
Pancakeswap, a decentralized exchange (DEX) built on Binance Smart Chain, saw $400 million in trading volume yesterday and…